ACCO 504-Partial Test Module 3-January 30, 2023 Part IV-Resolve the following Process Costing exercise-30 points (include your working papers in your submission) The Assembly Department of Nilz Company has the following production and cost data at the end of May, 2022. Production: 30,000 units started into production; 25,000 units transferred out and 5,000 units 100% completed as to materials and 40% completed as to conversion costs. Manufacturing Costs: Materials added at beginning of process, $90,000; labor, $75,000; overhead $60,000. Instructions Prepare a production cost report for the month of May.